Samba Financial Group (Samba) saw two negotiated deals on its shares today, Jan. 26, 2021, where 700,000 shares were privately traded at a negotiated price of SAR 31.05 per share, for a total of SAR 21.7 million.
Details |
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Company |
Market Price |
Negotiated Price |
Shares Traded |
Value |
Samba |
31.00 |
31.05 |
350000 |
10.87 |
350000 |
10.87 |
A negotiated deal involves a stock purchase based on a bargain between buyers and sellers, apart from market price. The negotiated price does not impact directly on market price, according to Saudi Stock Exchange (Tadawul).
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